2014
976 posts
2014 976
December 2014
- Cheap clothes and the marvels of globalization
- I don’t believe you (you’re a liar)
- Communist Medical Care
- The Evidence of Altruism
- FDR Seizes Avery’s Yacht
- The Meaning of Tolerance
- Kevin Erdmann on Houses as an Investment
- So how’s the economy doing this year?
- Sunk Costs are Sunk: An Application to a Starbuck’s Run
- The Competitive Sieve and the Burden of Proof
- Did the North and South Converge?
- Merry Christmas
- The French experiment: Laffer >>>>>>> Piketty
- Why Florida Is My Favorite State
- Two Takes on Ebenezer Scrooge
- Gruber and Henderson on Health Care Mandates
- Outsourced to Scott Alexander
- The Brooklyn Cop Killings: A Numerate Analysis
- Choosing the right tools
- W. Lee Hansen on University of Wisconsin Grading Quotas
- Obama vs. Wall Street Journal on Global Oil Markets
- Markets describe reality; models should explain market reactions
- Good for Michael Vick–or Incentives
- Los Angeles Unions’ Two-fer on Minimum Wage
- France seeks liberalizations, but bans Uber
- Two Cheers for Obama on Cuba
- Central banks should do their job
- The Moral Case for Fossil Fuels: Recap
- Henderson on Asking Tough Questions of Government Bureaucrats
- The ECB: Is it a hopeless case?
- Deadweight Loss from the New California Gas Tax
- The Moral Case for Fossil Fuels: Refining the Case
- Kling on the Constitution and the Common Law
- Speaking of torture . . .
- The Man of One Study
- Boudreaux on capitalism and slavery
- Friday Night Video: Gruber and Henderson
- My Apologies
- John Cochrane on modern macro
- The Moral Case for Fossil Fuels: We Can Live With Warming
- Cotton, slavery and capitalism
- The Inanity of the Welfare State
- The Moral Case for Fossil Fuels: We Owe Civilization to Fossil Fuels
- Campaign Spending Not that Effective
- War on crime? Or war on the poor?
- The Moral Case for Fossil Fuels: The Thesis
- The Wonder of Competition
- An Awkward Question About Blurred Consent
- Why debates over inflation are pointless
- Friday Night Video: Henderson on RT
- He Who Wills the End Wills the Means
- What (if anything) can we learn from 1921?
- Krugman’s Cursory Case Against Open Borders
- Robert Murphy on the 1920-21 Depression
- Bloggers >>>>>>>>>> Central banks
- Nathaniel Branden, RIP
- Government Regulation vs. the Market
- Rape Culture or Nationalist Culture?
- Brad DeLong poses two questions about NGDP targeting
- Charles Davis is Half Right
- Desrochers on synthetic dyes
- Who to Fear
- A Strange Critique of Libertarianism
- McKenzie on Tullock
- The IMF hits a new low
- Farewell, Art Carden
- The Puzzling Idealism of the Geneva Convention
November 2014
- Falling oil prices have no implications for global growth. Oil production does
- By Request: Religion and Unschooling
- By Request: Factor Price Equalization
- Saturday Afternoon Video: Dan Klein on Liberalism
- By Request: Externalities
- Robin Hanson’s Call for Empirical Research
- By Request: Economics and Christianity
- By Request: Walmart and Big Box Retailers, Part II: Results
- Krugman’s On-Again, Off-Again Analysis
- By Request: Walmart and Big-Box Retailers, Part I: Origins
- Neo-Fisherism converges on market monetarism
- The Piketty Path to Riches
- Giving Thanks
- I’m Thankful for Retailers Turning Commerce Into the Moral Equivalent of War
- My Proud “Don’t Call the Cops” Moment
- The Case for Balance Billing
- The Backward State of Behavioral Political Economy
- A few thoughts on free banking
- Immigration Charity Prospect
- Why America can’t have small government (and China can)
- Thank Obama for All He’s Done
- Carbon Taxes: The Tax Interaction Effect
- Mexican Drug Warriors Disguise Themselves as U.S. Marines for Operations in the United States
- Zycher on Gruber
- The smart against the dumb: The new Cold War
- Paul Krugman: David Henderson Was Right
- Herbert Spencer on Amazon (and Uber)
- The Lawful Neutral Case for Deferred Action
- EconLog Guest Stint #2 Ends This Month: Requests?
- On the Complexity of the World
- Two Cheers at Least for Some Politicians
- I Keep Returning to This Book…
- A Nice Quote for Obama’s Immigration Address
- The Bottom Line on DACA
- The New Brownsville U-Turn
- Kakha Bendukidze, RIP
- Intertemporal Corruption
- Sticky wages and sticky fed funds rates
- Bechhofer Immigration Bet
- The Margins of Moral Weaseling
- No, low interest rates do not call for more public investment
- Congressional Consumers Uber Alles
- I’m not “the NGDP guy”
- Alvin Rabushka’s Triumph
- What Could UAB Get for What it Spends on Sports?
- The silence of the lambs
- Henderson on Net Neutrality and Economic Inequality
- A Lot Happened in 1962
- Best of the Blogs
- Hachette and Amazon made a deal
- A Judgmental Typology
- Jonathan Gruber’s Economics
- Worse than a crime, it was a blunder: A pragmatic case for honesty
- If I Had it to Do Over Again
- Save the Planet and Raise Wages: Liberalize Land Use Laws
- The Presumptive Puritan
- Goodman on Firms as a Vehicle for Regulation
- Imprisoning Immigrants
- Price Discrimination at the Movie Theater: Bring Your Own Candy, or See an Extra Movie
- The “War on Drugs” and crime rates
- Is George Selgin defending Keynes on liquidity traps?
- How Many People Does the War on Drugs Put in Prison?
- Two Tullock Stories
- The problem of population
- Henderson on Piketty, Part 6
- An odd incident in modern liberalism
- Henderson on Piketty, Part 5
- How Europe did a “1937”
- Stateless Reality 2.0 as a Substitute for Tyranny in Physical Reality
- Sunstein on Hayek
- Crime, Education, and the NLSY: The Role of the Sheepskin Effect
- Spencer matters
- Richard McKenzie on Gordon Tullock
- Low interest rates do not cause low inflation, or high inflation
- Third Parties in Congress: Props to Jon Murphy
- Gordon Tullock, 1922-2014
- Me in NYC on Thursday
- Reminiscences of Walter Heller
- The “it doesn’t matter” theories
- Some Election Day Reading, Watching, and Listening
- Crime, Education, and the NLSY: The Role of Ability Bias
- What’s Wrong with the Taylor Rule?
- Non-voting is a right too
- Two Skeptical Questions About State Capacity
- You Should Compromise With Me
- For some strange reason Keynes and Hayek caused the Great Recession
- DeLong on How Income Has Grown in all Quintiles
- Can Labeling Compound Erroneous Beliefs?
- Good bye to tax competition
October 2014
- About That 97 Percent
- Does Identity Politics Pay?
- Supply and demand-side stagnation
- The Identity of Shame
- Henderson on Minimum Wage for Prager University
- Emigration and Citizenism
- Is Violence Against Women Ever OK?
- Read Scott Alexander
- John Goodman on Why We Have Political Stability
- Government Projects and Subsidies: What are the Alternatives?
- Teaching the Children by Example
- The ECB has an inflation target. How do the Germans propose they hit it?
- Who Will Build the Roads?
- Henderson on Piketty, Part 4
- My naivete about government officials
- I’m 90 Percent American and 10 Percent Canadian
- An Anarcho-Capitalist Disney Movie I’d Like to See: Who Paid for The Palace?
- Compulsory Attendance IVs Reconsidered
- IMF’s Loungani: Demand for Labor is Downward-Sloping
- The great sin, the even greater sin, and the enlightened path
- Minecraft, Survival Craft, and Network Goods
- Imagining the Proto-Blogosphere
- Krugman on Amazon
- Did the Bush tax rebates actually work?
- Crime and Sheepskins
- Progress on OTC Contraceptives
- Ebola Bet Followup
- How Economics Helps Us Understand: Airline Practices
- Nominal GDP is not real (and is really tiny)
- Preferences in The Warriors
- Ebola Bet
- Fixed Costs and Open Borders
- Henderson on Piketty, Part 3
- Friday Night Video: Tom Palmer on Leonard Liggio
- The Grand Budapest Hotel’s Sublime Apology
- Housing and poverty
- Ebola and Open Borders
- A Stigler Story
- What Does Fusion Mean for the Future?
- It’s the economy, stupid
- Prosecuting Truancy
- Leonard Liggio RIP
- An Odd A Priori Argument Against Private Education
- Happy Global Hand-Washing Day! Fighting Disease By Washing Hands With Soap
- Jean Tirole on Scaling Back Government
- Henderson on Tirole
- You know you’re in trouble when even the Italians forget how to inflate
- Diseases of Poverty: Neglecting the Obvious
- Financial Literacy, Human Capital, and Liberal Education
- Fawcett’s Liberalism
- The Bribes of Columbus
- Henderson on Piketty, Part 2
- No hawks or doves, just owls
- Conservative Relativism
- Henderson on Piketty, Part 1
- A 13 minute primer on DeirdreMcCloskeyanism
- Economics is symmetrical
- Unclear Thinking About Income Inequality
- Risk Analysis in One Lesson
- Should Financial Literacy Be Part of the Core of K-12 Education?
- Maskin’s Failure
- A certain laxity in word choice
- Words and meaning (good theft and bad)
- Pot Calling the Kettle . . . White?
- Lemieux: Let’s Lose the “We”
- Dobelli on Stadiums: What are the Alternatives?
- Barriers to Entry in Markets for Options on Municipal Bonds?
- Getting a B.A. and Living With Your Parents
- Can a Principled Person “Rise Above Principle?”
- Happy Birthday, Leland Yeager
- Currency and lotteries: Is there a free lunch?
- Investing: A Weekend Thought
- Jeff Hummel’s Case for Martin Van Buren over Tyler
- Twitter Chat on Personal Finance, Monday from 8-9 PM Central
- The Wonder of Markets
- Still no free lunch
- Aging Out of Addiction
- Ron McKinnon, RIP
- Daniel Hamermesh: Let’s Make it Harder for Low-Skilled People
- Is “spontaneous order” such a very bad idea?
- Rojas on Marijuana Legalization
- The Ultimate Incivility
September 2014
- Flying blind
- There’s No Such Thing as a Free Bomb: A Brilliant Idea from Saturday Morning Breakfast Cereal
- Time Inconsistency in Tax Policy: A Colombian Case Study
- Pious Thinking
- The Austrian Tradition on Mises’ Birthday
- The Use of Force in Society: Defining The State in Introductory Economics
- Why is the Right Soft on Education?
- Don’t jump to conclusions (markets are smarter than you or I)
- Recarving Rushmore: With Warren G. Harding
- What kind of Great Stagnation?
- Social Security: The Inside Story
- Is Collecting GDP Data An Exercise in the Fatal Conceit?
- Is the middle class being “squeezed?”
- Social TV: Social Media Creates More Weak Ties
- Spot the Problem
- The Welfare State as Extended Warranty
- Piketty, Piketty, Piketty, Piketty
- Richard McKenzie on Foreign Export Subsidies
- Social Desirability Bias and Abortion
- Canadian success
- Zeke Emmanuel on Optimal Life Expectancy
- The Puzzling Ubiquity of Disability
- The Key to victory: Run against Piketty-nomics
- Unintended Consequences of De-Insuring Insurance
- Uber Wars Update
- Response to Krugman on My Canada Study
- There is nothing tautological about market monetarism
- Saving Money with One Income
- What’s wrong with Hong Kong? (Too much government)
- Richard Epstein’s Faulty Case for Intervention
- Scotland and the irrational media
- Inequality in education
- Betting Markets, Polls, and the Human Drama: We’re Wasting Resources and Throwing Away Information
- Afterthoughts on Elizabeth Green EconTalk episode
- How High Is Schools’ Implicit Land Rent?
- Start
- Scotland, Quebec, and Tupy
- Clive Crook on Scotland
- Tribal Desire
- Free Trade is Awesome Because Brazilians Go To Disney World
- How Can Small Kids Earn a Few Dollars?
- My 1984 CEA Memo on Alaskan Oil Exports
- The Universal Citizenist
- Recent Reading: Onward, Christian Soldiers Edition
- Implicit Rent and the True Cost of Education Bleg
- Once again, tight money is the Achilles heel of the right
- Vanguard’s Strange Assumption
- My 1983 CEA Memo on the Ban on Alaskan Oil Exports
- Will “Minecraft Coaching” be a 21st Century Job?
- The Logic of Gilensian Activism
- Will Scottish secession be a disaster?
- Ending slavery made America richer
- Open Borders: My Vox Interview
- Larry Summers on Oil Exports, Part II
- What’s worse than a sloppy government bureaucracy?
- The Closing of the Liberal Mind (pt. 2)
- Larry Summers on Oil Exports, Part I
- A Szaszian Take on Conformity Signaling
- Our Regulated Society
- The Summer of Sharing
- Bets On Whether We Will Successfully “Degrade and Destroy” ISIS?
- Silent Citizenism
- First Cut
- Lorenzo on the opponents of neoliberalism
- Why Should You Major in Economics?
- Left wing parents and right wing dystopias
- Why Subsidize Signaling? An Open Letter to Catherine Rampell
- The Wall Street Journal must think Milton Friedman was a Keynesian
- Prize Bleg
- Where I Dissent from Nathan Smith
- Is deflation bad?
- Reply to Scott Sumner on Global Warming
- Never reason from a wage change
- The Nixon Pardon: Incentives Matter in Politics Too
- Laniakea for the Laniakeans!
- Four things I believe
- Joan Rivers: More than a Comedian
- What Would Happen if Teams Went For it on Fourth Down More Often?
- What Every High School Junior Should Know About Going to College
- Yellen is a Good Keynesian
- Arrow: Why Shouldn’t I Go to the Highest Bidder?
- Kling on Bush and Baker on Health Care
- How to Teach the Income and Substitution Effects
- Are Your Clicks More Powerful Than Your Votes?
- (Taxi) Deutschland Über Uber
- California Drought: A Pricing Problem
- Heuristics and Public Policy: Being Faithful With Little to be Trusted With Much?
- Uber Wars. The Ban Menace
- Against Winning
- Predicting bubbles
- The Role of Unions
August 2014
- Robert Litan on Microeconomists’ Contributions
- Meteorological Impossibilities
- The Wisdom of Chairman Dwight
- Should You Take Notes By Hand and Read Paper Books?
- Anthony de Jasay on “rights”
- Markets and Prices Allow Us To Use Knowledge We Don’t Have
- Why Do Government Enterprises Work So Well?
- Intellectual decay
- Who Owns the “Right to Recline?” The Airline
- Look-Alikes Don’t Look Like Identical Twins
- Freedom of Association: What Noam Scheiber Misses
- Schooling and Technology in The Second Machine Age
- Mencken’s Appeasement
- Mr. Bernanke vs. the Structuralists
- Food, snobbery and anti-capitalism
- The Sweet Spot of Freedom
- The Environment: Own It and Save It
- The Veil of Implausibility
- Richard Timberlake on Money
- Never reason from a bond price change
- Nominal GDP targeting in developing countries
- Greenhouse Gases
- Friday Night Audio: Henderson on George Hilton
- Education Bet Update
- One Innocent Person is Killed. Response: Kill More Innocent People
- Paul Krugman on Why We Fight
- What’s the Use of Crying Over Spilled Blood?
- George Hilton, RIP
- Paper of the Week: The Jitneys, or The Uber of Early 20th Century
- Practical Guidance for Prudent Students
- When supply is demand
- Krugman on Health Care: I Advocate Horror
- Canada’s Single Payer/Single Problem
- Tolerance Before Empathy
- Walmart to the Rescue
- Our Poverty and Theirs
- Quarters on the Sidewalk as Stimulus
- Grade deflation, grade illusion, and academic depressions
- Causation
- Never reason from a price change, even in Japan
- Classical liberalism, the forgotten Italians
- Cryptocurrencies and Mobile Tipping
- Tyler Cowen on ECB policy
- Formal and Informal Violence Against African-Americans: Two Papers
- Jonathan Chait’s bizarre idea of an honest poll
- Cotton, and Slaves, and Arrogance: Honor and Violence, Machismo and Appeasement
- Prohibition: Then versus Now
- The Ethics of Individualism
- Open Borders Bingo!
- Haidt and the Moral Foundations of the Welfare State
- Choose Your Battles
- The economy is more subtle and complex than you might assume
- Uber’s Strategy: Appeal to People, Not Power?
- A Public Transportation Patch: Why Not School Buses?
- Great Moments in Economic Estimation
- The power of wishful thinking?
- Krugman and I Agree on the DMV
- A Working Economy of Strangers
- When the straightforward interpretation seems crazy
- Law vs. Legislation
- Will lower prices gain Uber support?
- A Good Heuristic for Public Policy? Does This Require Extra Intelligence and Virtue?
- Calvin Coolidge on the Federal Government
- Machismo vs. Appeasement
- Trust, Even in the Face of Government Hostility
- The Fiscal Prognosis
- Charles Cooke’s lame dismissal of left wing nerds
- The Greatest Invention in History
- Great Moments (Almost) in Property Rights
- The Quantum Leap of Logic
- Common Sense: As True As It Seems
- Prohibition for Thee but Not for Me
- A Patron Saint for entrepreneurs
- Bootleggers and Baptists in Alabama Politics
- My Life of Appeasement
- Economics: Truer than it seems
- Boudreaux on Piketty
- Data Bleg: Accident Rates for Ride-Sharing Services?
- Lame Excuses: What’s Wrong With the Adversarial System
- Today’s Necessary Skills, Tomorrow’s Hobbies: From the Comments
- You Know You’re an Economist When . . .
- Think tanks, idea factories no more?
- If something can’t go on forever, it will
- Which Essential Skills Today Will Be Obsolete Soon?
- Immigrants Are Good for Cosmopolitan Tolerance
July 2014
- What Do Constitutions Do? Star Trek Edition
- Scenes from the Rent-Seeking Society: A Final Post on Ride Sharing and the Importance of Constitutions
- Immigrants as Defenders of Freedom
- Wolfers on the fiscal consensus
- Bruce Benson on the Holdout Problem
- Is the French public debate evolving?
- Huemer’s Moderation
- “Helicopter drops” are a bad idea at any time
- Eminent Domain Bleg
- Why Don’t We Observe Time-Traveling Arbitrageurs?
- Intervention Leads to More Intervention
- A Non-Conformist’s Guide to Success in a Conformist World
- I feel pain therefore I am (a utilitarian)
- Kahneman’s Thinking, Caplan’s Eureka, and Mary Poppins’ Living Wage
- Mark Thoma’s Selective Edits
- Bad Faith and Court Decisions
- Does Predictability Imply Bad Faith?
- Today’s Single Mothers Compared to Fantine: How Far We’ve Come
- The Economist on Overparenting
- Nick Rowe on fiscal policy (and reply to Caplan)
- The Rhetoric of Rights and Permission
- Recent Reading: Adam Thierer, Permissionless Innovation
- Evolution and Moral Intuition
- Good bye to the book as we know it?
- John Blundell, RIP
- Quality Control and a Level Playing Field in the Sharing Economy: Uber in Birmingham
- Beyond left and right
- What to Learn from The Catcher in the Rye
- This is HUGE!
- The Brilliance Of The Onion on Immigrant Fruit
- Some Empirics of Moral Philosophy
- Scott’s Utilitarian Leniency
- A few notes on utilitarianism
- McArdle on 15-Year Mortgages
- Does Paying More to Hire Americans Help Americans?
- The Argument from Conscience
- Happy “Almost Assassinate Hitler Day”
- Endogenous Sexism Explained
- An Internet secession so far
- The wisdom of Cass Sunstein
- Free Market Virtues
- Economics is all about consumption
- Carlos Ball, RIP
- Endogenous Sexism
- Good News on Australia’s Economic Policies
- Where Will We Put All These Immigrants?
- A(nother) Colbertian in Brussels
- AD: Eleven stages of enlightenment
- Note on Borjas: Non-Binding Constraints Are Not Necessary
- Trillion Dollar Bills on the Sidewalk: The Borjas Critique
- Governments don’t create problems, they solve problems
- Mind Your Own Beesness
- Your Big Doubts About the 10,000 Hour Rule Are Well-Founded
- Philip Booth on Thomas Piketty
- “The Criminalization of Parenthood” and Mortality Risks
- Intolerant Socialism
- Voluntary-but Bossy-Socialism
- A Few Recent Scribbles on Uber, Population Growth, and Inflation
- Saturday Morning Video
- Conservative Authoritarianism: An Exercise Based on Bryan Caplan’s “Liberal Authoritarianism”
- What Is Tyler Smoking?
- There are two kinds of people . . .
- Adam Smith on Stationary Bandits vs Roving Bandits
- Ownership for Cartoonishly Nice People
- Do Credential Scandals Support the Signaling Model?
- Economics Never Stops: What’s Missing from the Minimum Wage Debate?
- Boudreaux on McCloskey
- Free Intentions
- Why no Kansas miracle?
- Piketty Bleg
- Landfills as Inventories
- Robert Murphy on Capital and Income
- The Weak-Willed Do-Gooder
- Henderson, Rothbard on Fractional Reserves
- More on Schuck and Government Failure
- Schuck on Why Government Fails
- Clarabelle Cow, Capitalist
- “A Bet Disconcerts Him”: Kant on Betting and Beliefs
- What about Asia?
- I, Crayon
- How I Teach When I Really Want My Students to Learn
- You Nasty Creators of Consumer Surplus
- Mr. Krugman’s peculiar post
- IFWE on Hobby Lobby and the False Divide Between Sacred and Secular
- 21 Short Claims About Political Motivation
- Psychohistory and Changing One Event: What if Franz Ferdinand Hadn’t Been Shot?
- San Francisco: America’s Largest Gated Community
- Liberal Authoritarianism
June 2014
- Who Caused the August 1990 Spike in Oil Prices?
- The Majesty of the Law: Rules Aren’t Good Just Because They’re Rules
- Remembering Ken Minogue
- Does Bad Science Always Lead to Bad Policy?
- Poverty and “enterprise facilitators”
- When is nominal GDP targeting optimal?
- Henderson on Thaler and Sunstein
- Why Can’t We Be More Like Europe? Military Spending Edition
- Setting the Record Straight on George Will
- Shall business defend “capitalism”?
- Piketty on “merit”
- Don Boudreaux on the Hockey Stick of Human Prosperity
- Why Does High-Pressure Salesmanship Work?
- Bootleggers and Baptists: A Few Resources for Your Lunch Break
- The Economist: Give Tetlock Final Cut
- Evidence that EconLog has the Best Readers on the Internet
- New Immigration Journal from the Hoover Institution: Peregrine
- Bonding with Immigrants
- The Empire Strikes Back: Walmart Responds to the New York Times
- Evaluating The Arab Spring: What Would Tetlock Say?
- Jonathan Turley Echoes Milton Friedman
- Unpersuaded
- Why Not Capitalism?, Indeed: You Should Read Jason Brennan’s Latest
- France to ban e-cigs
- How To Protect Yourself From “Dumping” and Profit in the Process
- A Hardy Weed: How Traditionalists Underestimate Western Civ
- Low-Carbon Alternatives: Solar and Wind Suck
- A Political Constraint: There are People Who Get Their Jollies From Ruining Your Fun
- Another Immigrant Sneaks Across the Border to Take an American Job
- Friday Night Video: Eric Peters on How Government Regulation Messes Up Cars
- The Fed at 100: A century of procyclical policy
- Embarrass Me Now, Please
- Some Questions About Partisan Expulsion
- SMBC Features The Greatest Commencement Ever
- Dick Wagner on Buchanan
- Occupational Licensing: Rocky Balboa Fights the Rent-Seeking Society
- Huemer’s “The Use of Hypothetical Examples”
- Scenes from the Rent-Seeking Society: Norwegian Airlines Can’t Fly to the US
- It’s a Busy Week in the Carden House: Won’t You Join the Julian Simon Club?
- When Do Hypotheticals Cover Their Cost?
- Tyler Cowen versus Frederic Bastiat
- Two Calls for Papers from Econ Journal Watch
- Scenes from the Political Economy: Scooter Regulation in Panama City, Florida
- What does 1933-80 tell us about banking regulation?
- The Missing Arguments
- Taxi drivers of the world, unite!
- Dear Reader Almost Passes the Ideological Turing Test
- Fiscally inefficient monetary policy
- Richard Ebeling on “Thick Libertarianism”
- Dan Klein on Liberalism
- The Stockpile Solution
- Sports are Life
- Arnold Kling on Well-Being Over Time
- Never reason from an interest rate change
- Krugman’s Misleading Post on Coal
- Is the Social Security Tax Cap Disappearing?
- Bauman Climate Bet
- Liberalism unbound: Free lunch and dinner–all you can eat!
- Baptists, Bootleggers, and Public Squalor: Light Rail Isn’t a Good Public Investment
- About That High-Quality Insurance
- Bauman Climate Bet Bleg
- Reply to Cardinal Rodriguez Maradiaga
- Obama is to the right of Texas on pot legalization
- Frank Furedi on euroskepticism
- Friday Night Video: Mussolini–A Man of the Left
- Data Challenge: “Full-Time, Year-Round Workers” Can Be Briefly Unemployed?
- Show Me the Way to the Next Whiskey Bar: Whiskey Shortages and Austrian Business Cycle Theory
- The Daily Hell of the War on Drugs
- The First Fundamental Law of Capitalism
- Cartoon Introduction to Climate Change: My Reservations Illustrated
- Data Challenge: Can “Full-Time, Year-Round Workers” Be Unemployed?
- Cartoon Introduction to Climate Change: Pollution Taxes Illustrated
- Kierkegaard on Setting Aside Childish Things: Opinions and Judgment
- Krugman Defends Price Theory
- Happy birthday, Adam Smith
- Cartoon Introduction to Climate Change: Experimental vs. Observational Studies Illustrated
- Myth of the Rational Voter: The Complete Animated Series
- Economics Never Stops: On the Costs and Benefits of Climate Change
- My Small Victory
- Private affluence, public squalor, high taxes
- Uncertainty Can Go Both Ways
- Voter Biases, Explained with Video
- The Difficulties with Lying
- Why Sailer Scares
- Unemployment Insurance Bleg
- Reverse Mortgages in Organs
- It’s Great to Be Back With One of My Favorite Blogs!
- The Problems with Bans on Insider Trading
- Piketty on Kuznets
- The Fungible Kidney
- John Blundell on the Rebirth of Austrian Economics
- Welcome Back, Carden
May 2014
- Raise Minimum Wage: Reduce Benefits
- Friday Night Video: Walter Block on Ayn Rand and Murray Rothbard
- Can we have confidence in our opinions on immigration?
- A Eugenic Experiment
- OpenEurope on the European vote
- Is the Sharing Economy a Rip-Off?
- Dear Nationalism
- Inflation targeting: It’s even worse than you thought
- Partial Response to Yoram Bauman
- Cartoon Introduction to Climate Change: Yoram’s Last Word
- Frank on Phony Credentials
- “Rationally Inactive”
- Lind’s Challenge for Progressives
- Frankly Signaling
- The goal of monetary stimulus is to boost saving
- Economism and Immigration
- Phil Magness on Piketty’s U.S. Wealth Data
- VA Health Care: The Problems with Government Agencies
- Ad Hominem
- Eating out. The wisdom of Tyler Cowen
- What is Pay? What is Wealth?
- Myth of the Rational Voter: The Animated Series, Part 4
- Talking More to Mark Krikorian
- Basketball teams compete with each other. Basketball team companies cooperate, as they should.
- Cartoon Introduction to Climate Change: Rejoinder to Yoram Bauman
- Myth of the Rational Voter: The Animated Series, Part 3
- The Great Society at 50
- The middle class is doing fine
- Reynolds on Summers and Piketty
- Walter Oi on Government Budgeting
- Tucker on the Young Unemployed
- Los Angeles Times Distorts
- How People Get Good at Their Jobs
- Has Medicaid succeeded?
- Noah Smith on Modern Economics
- What is monetary policy?
- Williamson on Lind and Caplan; Me on Leonard Read
- Half-Staff for Farmers
- Partial Reply to Yoram Bauman
- Bauman Responds on The Cartoon Introduction to Climate Change
- The Improvident Rich
- I Feel Blessed
- Rational expectations doesn’t require smart people
- Shall we obey unjust regulations?
- Myth of the Rational Voter: The Animated Series, Part 2
- Quotes From a Colloquium
- Never debate the impact of a price change
- The Cartoon Introduction to Climate Change
- Thoughts on Krikorian
- Exploring Elitist Democracy: The Latest from Gilens and Page
- The paradoxes of applying nationalism to immigration
- Healthcare… The return of the Singapore model
- Trade Creates Peace
- Me, Gilens, and Salon
- “Hollowing Out”: A Global Perspective
- Friday Night Video: Henderson on RT
- Mitt Romney’s True Colors
- Myth of the Rational Voter: The Animated Series
- Great Moments in Federal Government Retirement
- My Hoover Obit on Gary Stanley Becker
- Meant for Each Other: Open Borders and Western Civilization
- The Great Grandson Also Rises
- When ideologies change
- Gary Becker, A Reminiscence
- The economy should be “left alone to sort things out” during a recession
- My Moment with Gary Becker
- Robert P. Murphy on Capital
- Three Graphs About Trying and Failing
- Gary S. Becker, RIP
- Demagoguery Explained
- Friday Night Video: Daniel Hannan on Socialism
- The correct reason to oppose high MTRs
- Reply to Scott Sumner on 80% Marginal Tax Rates
- What If Firms Could Opt Out of Sexual Harassment Law?
April 2014
- Where Does All the Booze Go?
- Feminizing Famine
- Donald Sterling and the Economics of Discrimination
- Is it OK to reason from a (aggregate) wage change?
- Farewell, James Schneider
- Ayn Rand in the Happy Lab
- Applying Hayek’s “Local Knowledge” Insight to Foreign Policy
- The resurrection of the automatic watch
- Cowen and Crisis Reconsidered
- A pragmatic view of causation
- Acemoglu and Robinson on Mobutu
- George R.R. Martin’s Pacifist Tendencies
- “The ‘liquidity trap’ only is a mental constraint in the heads of central bankers.”
- Schumpeter, intellectuals and capitalism
- Too Many
- Econlib in Classes
- There’s only one sensible way to measure economic inequality
- Talking to Mark Krikorian
- Cuba’s Wage Policy: Modified Nazi
- Robert Solow on Piketty
- America Should Open Its Borders: My Opening Statement for the Reason Immigration Debate
- We aren’t very Victorian, are we?
- Crazy Immigration
- German success is surprisingly recent
- Krugman’s Strange Post on Solar Power
- Why the EMH is truer than supply and demand
- Gary Johnson’s Bold Attack on Freedom of Association
- Social Desirability Bias: How Psych Can Salvage Econo-Cynicism
- Old Home Week
- Facts
- Quantum finance
- I’m a Liberal
- Tuesday Immigration Debate
- Europe vs Uber
- Rudebusch on “Housing Demand”
- Tourists Welcome
- Can a Positive Number Fall by over 100 Percent and Still be Positive?
- Bad news; industrial production is soaring
- I’ve Won My TARP Bet
- I Agree with Barbara Ehrenreich
- Larry Summers is persuasive
- Try Harder or Do Something Easier?
- Smoking, Social Desirability Bias, and Dark Matter
- Civil Disobedience: King versus Huemer
- Germany’s mysterious recovery
- Ramblings on Piketty
- My San Francisco Fed Talk
- Divorce and Motivated Reasoning in the WaPo
- Longer Pub Hours, Fewer Car Accidents in England and Wales
- Robert Reich on the Minimum Wage: How Would He Draw the Demand and Supply Curves?
- Kids and Happiness: The State of the Art
- Maximizing Short-Run Profits
- Inequality among doctors
- The Moral Vision of a Blind Economist
- Crude Self-Interest: Why Kids Go to College
- Simon Kuznets: An Appreciation
- The Impolitic Wisdom of Simon Kuznets
- Reason’s Home Run on Immigration
- The Righteous Scofflaw
- Is Venice going to secede?
- Robert Bradley on Enron
- Freakonomics Discovers Alchian’s and Allen’s “Oranges Principle”
- Never reason from an inflation rate change
- The Ghetto of Talent
- Not Just Horsepower but Power without Horses
- The (Metaphorical) Bet: Paul Ehrlich versus Norman Borlaug
- What we are up against
- I’ve Changed My Mind, Part 2
- Water Runs Downhill, and School Is Boring
- What’s a Doctor to Do?
- Is Welfare a Band-Aid for Nominal Wage Rigidity?
- Marshall’s scissors and the Law of Reflux
- Nudging consumers and regulators
- I’ve Changed My Mind
- Answering Arnold’s Challenge
- You Don’t Know the Best Way to Deal with Russia
March 2014
- Did Mortgage-Security Professionals Time the Housing Crash?
- Please Advocate Your Special Interest Rather than Sticking up for Taxpayers
- One multiplier to rule them all! (apologies to Nick Rowe)
- Shall we fight tobacco with “plain packaging”?
- The Market for Less
- Lessons from “The Lives of Others”
- A Few Dangers of Heroin Prohibition
- Fracking boom won’t create many manufacturing jobs
- A British Perspective on American Signaling
- From the Vault: Reply to the Village Voice
- Central banks do not deserve our respect
- The Swamping that Wasn’t: The Diaspora Dynamics of the Puerto Rican Open Borders Experiment
- Pillars of Economic Wisdom in Action
- Adding a risk mandate: A 5 bumper shot in billiards?
- How Diabolical is Unz’s Proposal?
- Michael Cannon’s Cannon
- Socialism Was Born Bad: The Case of Oskar Lange
- Endless bubbles?
- The Worst They Can Do
- Paris Flirts With Banning Cars Based on License-Plate Number
- Endogeneity and the Drug War
- Question for Scott
- Murray Weidenbaum, RIP
- Are ZMP workers uneducated or unmotivated?
- A survey on communist symbols
- Victory at Oberlin
- Open Borders Day Roundup
- What the Market Says about Your Neighbor’s Restaurant Choices
- Why we debate the unimportant issues
- A Curiously Uncurious Interview: The Nation, Unz, the Minimum Wage, and Immigration
- David Friedman on Bill Nordhaus; Timothy Taylor on Bad Academic Writing
- Keynes for limited government?
- Would (Our) Open Borders Lead to (Their) Closed Borders?
- The Legacy of Milton Friedman
- Reminder: My Debate at Oberlin
- The Marital Return to Education: An Epiphany
- Pikkety and Inequality: My Reply to Commenters
- The Popularity of Silly Methods
- Milton and Rose Friedman on Inequality
- An excellent book review
- Federal Student Aid Increases Tuition: Cosmetology School Edition
- Immigration: My Eyes Work Fine
- Open Borders Day is Starting
- George Soros, speculator and proud
- Proposed Questions for Oberlin Debate
- Francis A. Walker
- 1896: Immigration and The Atlantic
- Piketty’s Dodge on Inequality
- How the interest rate increase of 2015 caused the Great Recession
- Being Sendhil Mullainathan
- Adam Smith Bio Corrected
- Optometry Challenge
- Value of Self-Rated Health Bleg
- Economics must be harder than it looks
- What Does Public Schooling Teach Us About Predatory Pricing?
- Even When More Isn’t Merrier, It Can Still Be Better
- Milton and Rose Friedman on High Taxation
- The old rules still apply (What the rest of the profession could learn from Ben Bernanke)
- Blame the Republicans
- Is Outrage at the Top 1% Distracting Us?
- The Modest Problem of Children Having Children
- Schuck on Why Government Fails So Often
- The European Union versus the e-cig
- 40 Years on the Status Treadmill
- Krugman slides deeper into old Keynesianism
- Was Bork Right About Mergers?
- Unemployment was 9.0% in May 1975, and money was too easy
- Poverty: The Stages of Blame Applied
- Caldwell on Hayek’s “Consistent” Stories
- How Will Legalizing Marijuana Impact Hard Drug Use?
- NGDP targeting is not a “fragile” policy
- An update on Mr. Renzi
- Poverty: The Stages of Blame
- Media Bias: RT May Have Less Than I Thought
- The Principal Doctrines of Epicurus: Friendliness, Social Intelligence, and the Bubble
- The Happiness of the Richest
- Henderson on TANSTAAFL
- Is Abenomics working?
- How Paul Krugman Made Me Afraid of the Government Debt
- Reminiscences of Rogge
- Ukrainian Prediction Challenge
- What Say You? The Intuitive Case Against the Minimum Wage
- The mysterious rise in youth unemployment
- 1.6%, Not 97%, Agree that Humans are the Main Cause of Global Warming
February 2014
- Income, Wealth, Happiness, and Ideological Convenience
- Wolfers Responds on Happiness
- Does happiness cause income?
- David Friedman on the 97% Consensus on Global Warming
- Aid to bookstores?
- Smoking Prevention: Nagging versus Taxing
- Crude Materialism versus the Wolfers Equation
- Williamson pulls rank on Yglesias
- The Singaporean Path to Cosmopolitanism
- Australia’s auto industry collapses as America’s booms
- 11-99 Foundation: Buying Protection
- How Welfare Hurts Walmart
- Bans Against Headscarves Can Backfire
- Was Mishkin the Benjamin Strong of 2008?
- The Minimum Wage vs. Welfare: Band-Aid or Salt?
- The Keynesian information bubble
- For Crying Out Loud, Dineen: Dealing with Long-Held Views that are Wrong
- Taxes are all around
- Who Should We Revere?
- Media Bias Yet Again
- The 2008 transcripts: The real issues
- CBO’s Minimum Wage Study: Dealing with Publication Bias
- Erik Prince on Collective Punishment
- Ambition Revisited
- Who is the Italian prime minister this week?
- Health Insurance as Collective Bargaining
- Desert versus Identity
- Krugman on Supply-Siders and Incentive Effects of Tax Cuts
- Why We Can’t Conclude that Obamacare Plus Subsidies are Good for Low-income People
- My Cato Address to Students for Liberty
- Bastiat just rolled over in his grave
- Ballparking the Marital Return to College
- Jason Furman: Excellent or Sad
- In the 1930s it seemed “obvious” that financial turmoil had caused the Great Depression
- Rent Control Devalues the Whole Neighborhood
- Questions that have no answer
- Krugman and Gruber are deeply confused about “voluntary” job losses
- Lenin the Prohibitionist
- Never reason from a price change, example #305
- Don’t Nudge Me, Man! – Health Insurance Edition
- Open Letter to President Wildes re Professor Block
- Steve Horwitz on the Conspiracy Behind the Federal Reserve
- Immaculate inflation and immaculate growth
- What consequences for the Swiss referendum?
- What Bad Students Know that Good Economists Don’t
- Everest and the Quest for Status
- Evolutionary Psychology on Crusonia
- Krugman and Blinder: Welcome to the Supply Side
- What Janet Yellen and Rick Santorum Have in Common
- The Futility of Quarreling When There Is No Surplus to Divide
- Why Income Mobility is Larger in the Middle
- What the Swiss Vote Really Shows
- Why do booms feel good?
- A Question of Organizational Literacy
- American Hustle: Unreal and Real
- Bias and Bigness Bleg
- How not to privatize
- OK, now I’m really confused (the snake and the peg)
- Why India’s Ban Against Child Labor Increased Child Labor
- How Rival Marriage Is
- Me at Webber Tonight
- Bleg on Health Care Questions
- AMA Highlights
- Deception-Based Medicine
- Two cheers for the tasteless
- Diasporas, Swamping, and Open Borders Abolitionism
- The ECB is steering the economy (plus a survey of nautical metaphors)
- Ask Me Anything Tonight
- Obituary Hypothetical: What If Mengele Cured Cancer?
- The Sucker Tax
- Robert Murphy on the Minimum Wage
- Meet James Schneider
- Where the Stress Falls
January 2014
- The Gains from Getting Rid of “Run Amok” Occupational Licensing
- Gochenour-Nowrasteh on the Political Externalities of Immigration
- How to measure the influence of think tanks?
- Confusion about Income Inequality
- Keynesian confirmation bias
- I’m Too Busy Fighting Tyranny to Feed My Family
- Self-Harm is a Luxury
- Henderson and Krueger on NPR Today
- In Praise of Passivity
- Why so glum?
- Marginal Tax Rates: Singing Taxman to My Class
- German President defends the market economy
- Pritchett on Private vs. Government Schools
- Chinese families move from nice neighborhoods to slums, for the schools.
- Liability, Disclaimers, and Adverse Selection
- Frederick Douglass on What He Learned from Adam Smith
- Poverty and Income Inequality are Separate Issues
- Schooling Ain’t Learning, But It Is Money
- The Auction/Bidding Metaphor: Geico and Roy Childs
- NGDP isn’t “the economy”
- Spiderman and the trust-busters
- Mankiw on Parental Advantages
- Friday Evening Video: Henderson on Fox News Channel
- Steve Moore’s Alternative Maximum Tax
- Predicting the Popularity of Obvious Methods
- Warren Gibson on Bad Libertarian Arguments
- Mandela and Communist Villainy
- Don’t expect too much from inflation
- Amazon’s crystal ball
- Correction on Mandela
- Henderson on Jonathan Macey
- Mandela: Reckless But Lucky
- Colonialism and Anti-Colonialism: Blame Nationalism for Both
- Minimum Wage Increase Will Reduce Poverty Even Less than I Thought
- Unemployment Insurance and Paul Krugman: Stating the Issue Correctly
- Imagine there’s no economic inequality
- Why So High? Economics and the Value of Life
- Drowning Redheads is Wrong Even Though Water is Wet
- A Private Non-Subsidized U.S. 21st Century Passenger Railroad
- Multiple Bandits are Roving Bandits
- Eighty years later and the results are the same
- The Prudence of the Poor
- Is Losing Your Job in Your Economic Self-Interest?
- John Cochrane Views the World
- Why are Keynesians so far-sighted?
- The Discipline of Dismissal
- Minimum Wage Not Well Targeted at Reducing Poverty
- Do barriers create “bubbles?”
- Robert Frank’s Confusions
- Sitting on an Ocean of Hypotheticals
- Could we have another Arthur Seldon?
- My Top 10 Picks
- Market monetarism in 2013
- How Rival Is Your Marriage?
- Sitting on an Ocean of Alaskan Oil
- Hayekian arguments for basic income
- Walter Oi, An Appreciation
- Free Market Economics Books Bleg
- What’s Wrong With IVs? [wonkish]
- Summers believes we can reduce bubbles with big budget deficits.
- Sitting on an Ocean of Talent
- NSA Spying: A Cost/Benefit Analysis
- Self-Help: The Obvious Remedy for Academic Malemployment
- Another disappointing reaction to The Great Market Monetarist Experiment
- Noah Smith on Redistribution
- Is Average Over?: Two Equivocal Graphs
- Great Moments in Crowd Sourcing
- Tell Me How It Feels to Be a Bad Student
- Keynesianism: It’s not just resting
- The Orange Moon
- Some People Won’t Like the Results? Let’s Quit Measuring Them
- Will on Somin on Judicial Review
- Employment and the Return to Education: The Right Way to Count
- Don’t follow the money
- Tell Me What “Average Is Over” Looks Like